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Published byDominick Caldwell Modified over 9 years ago
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E-commerce is a way of trading goods and services online. It is easier than standard trading as you do not need to go out of your way to acquire the item or service, all you have to do is place an order and pay for it over the net.
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There are 3 main types of E-commerce, these are B2B- Business to Business, this is where businesses or organisations trade between each other in a heavily secure environment without customer intervention or interference. B2C- Business to Customer, Businesses selling their wares to customers comes under this type of trading. C2C- Customer to Customer, This method is conducted between 2 individuals but can also e arbitrated by a third party website such as www.Ebay.com, www.carsales.com.au & www.4chan/b/.org www.Ebay.comwww.carsales.com.au www.4chan/b/.org
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Some times with E-commerce, it is hard to determine the identity of a buyer or seller, this is why the introduction of a third party watchdog helps people to make better buying choices online. The way it works is; you place an order online to the supplier or owner. You then receive confirmation of your order or shipment, you then pay for the good which are then shipped to you.
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Positives: -It is easijer to find and trade goods onlinee than it is to go down to the actual supplier and procure the itemw. Negatives: -Because of the Digital Divide not every one has a computer or access to the internet.
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